With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon. IMAGE: Finance Minister Nirmala Sitharaman leaves for Parliament to present the......
In an attempt to get states to implement the Goods and Services Tax (GST) by next April, the Centre has softened its stance on most proposals in the draft Constitutional Amendment Bill that Finance......
The Constitution does not provide for a parallel levy of indirect taxes by the Centre and states, a pre-requisite for the roll-out of goods and services tax in the country. The government......
Congress preparing a dissent note on the issue The government appears ready to accept the demand for full compensation to states for a period of five years after introduction of the proposed......
The Union government is pushing states to agree to its proposed Constitution amendment Bill on a goods and services tax when the Empowered Committee of State Finance Ministers meets here on October......
Image: India set for high growth. Photograph: Rupak De Chowdhuri/Reuters The government has provided a long-term vision, avoiding any "big-bang" reforms but the devil will be in the......